UBS Group Lowers Continental Resources (CLR) to Neutral

The Cramer Rosenthal Mcglynn Llc holds 1.17M shares with $45.06 million value, down from 1.18 million last quarter. The oil and natural gas company reported $0.09 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.05. Korea reported 26,100 shares. The total number of shares traded in the last 90-day period is 85,565. Amphenol Corporation (NYSE:APH) has risen 31.78% since January 18, 2017 and is uptrending. It has underperformed by 7.39% the S&P500. Continental Resources has a 12-month low of $29.08 and a 12-month high of $58.89. Cap Ok accumulated 238,691 shares or 0.56% of the stock. The institutional investor held 44,844 shares of the energy company at the end of 2017Q3, valued at $1.73 million, up from 22,028 at the end of the previous reported quarter. The stock decreased 2.68% or $1.53 during the last trading session, reaching $55.65.

Stock analysts at SunTrust Banks issued their FY2018 earnings per share (EPS) estimates for Continental Resources in a research note issued to investors on Sunday. It has underperformed by 16.70% the S&P500. Sei Investments Co. boosted its stake in shares of Continental Resources by 131.7% in the 3rd quarter. Schwab Charles Investment Management Inc. grew its stake in Continental Resources by 15.5% in the fourth quarter. ProShare Advisors LLC now owns 8,180 shares of the oil and natural gas company's stock worth $264,000 after acquiring an additional 118 shares during the period. Continental Resources Inc. had 133 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, September 14 the stock rating was maintained by RBC Capital Markets with "Buy".

"Susquehanna cut the rating for shares of Continental Resources (NYSE:CLR) to a" Neutral" from a "Positive". Nine research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The stock has "Outperform" rating by RBC Capital Markets on Friday, August 5. Jefferies Group set a $57.00 price target on Continental Resources and gave the company a buy rating in a report on Wednesday, December 20th. (NYSE:CLR) on Friday, August 7 with "Outperform" rating. (NYSE:CLR) on Monday, May 29 with "Buy" rating. The company was maintained on Thursday, November 9 by BMO Capital Markets. (NYSE:CLR) earned "Buy" rating by Seaport Global on Wednesday, March 30.

Since September 25, 2017, it had 0 insider purchases, and 6 selling transactions for $6.90 million activity. The company now has an average volume of 2.22 Million.

On 12/21/2017 John D. Hart, CFO, sold 6,000 with an average share price of $51.23 per share and the total transaction amounting to $307,380.00. Shares for $343,200 were sold by Narain Duraiswami. On Thursday, December 7 Roseborough Teresa Wynn sold $1.97M worth of The Home Depot, Inc.

The investor is now holding $3.05 million shares due in part to a decrease of 150036 new shares in their portfolio.

A number of institutional investors have recently modified their holdings of CLR. 121 funds opened positions while 587 raised stakes. 292.31 million shares or 0.47% less from 293.69 million shares in 2017Q2 were reported. The Ohio-based Victory Cap Incorporated has invested 0% in Monsanto Company (NYSE:MON). State Of Tennessee Treasury Department accumulated 0.06% or 320,700 shares. Markston Limited Liability owns 10,315 shares.

If we look at the Volatility of the company, Week Volatility is 2.33%, whereas Month Volatility is at 2.22%. Utah Retirement Systems now owns 16,004 shares of the oil and natural gas company's stock valued at $517,000 after acquiring an additional 200 shares during the last quarter. Ubs Asset Mngmt Americas Incorporated reported 253,185 shares. Sandy Spring Savings Bank holds 0.21% or 26,359 shares in its portfolio. Tradition Mgmt Llc accumulated 8,945 shares. Highbridge Capital Mngmt Ltd Com reported 0.04% in Amphenol Corporation (NYSE:APH). (NYSE:HD). The Indiana-based Investment Advsrs has invested 1.7% in The Home Depot, Inc. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.55. Macnealy Hoover Invest Mngmt reported 0.65% in The Home Depot, Inc. The Investec Asset Management Ltd holds 328,266 shares with $17.02 million value, up from 206,351 last quarter. Virtu Ltd Com holds 0% or 21,724 shares. Cs Mckee Lp owns 128,250 shares or 1.19% of their U.S. portfolio. It is down 0.00% since January 19, 2017 and is. Its down 0.31, from 1.08 in 2017Q2. It turned negative, as 42 investors sold CLR shares while 107 reduced holdings. Wesbanco Comml Bank holds 176,414 shares or 0.36% of its portfolio. Driehaus Capital Mgmt Ltd Liability holds 0.01% of its portfolio in Amphenol Corporation (NYSE:APH) for 2,491 shares. 371,211 are held by Waratah Capital Advisors. Stratos Wealth Ptnrs Limited stated it has 71,293 shares. British Columbia Investment Mgmt reported 21,514 shares. During the same period in the prior year, the business posted ($0.22) earnings per share. sell-side analysts expect that Continental Resources, Inc. will post 0.34 EPS for the current year. (NYSE:CLR). British Columbia Management Corp owns 21,514 shares or 0.01% of their U.S. portfolio. Invest Centers Of America stated it has 0.05% of its portfolio in Continental Resources, Inc. (NYSE:CLR). California State Teachers Retirement invested in 143,403 shares or 0.01% of the stock. Continental Resources had a negative net margin of 0.95% and a positive return on equity of 0.23%. In the past 3-month period alone, shares of CLR have appreciated +19.87 - or +53.26%. Continen now has $20.49B valuation.

Shares of Continental Resources (CLR) traded down $0.48 during trading hours on Wednesday, hitting $55.17.

Continental Resources (NYSE:CLR) last released its quarterly earnings data on Tuesday, November 7th.

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